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Dec 28, 2012
12/12
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stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit loss, the nasdaq lost four, and the s&p slipped almost two points. so what happens next? and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me
stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit loss, the nasdaq lost four, and...
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Dec 28, 2012
12/12
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. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now mr. president that the speaker's number one goal is to get elected speaker on january 3. >> reporter: january 3 is the deadline for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care abou
. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the...
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Dec 12, 2012
12/12
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senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press conferences, republicans and democrats traded barbs on the house floor. >> where are the president's spending cuts? the longer the white house slow- walks this process, the closer our economy gets to the fiscal cliff. >> reporter: behind the scenes, progress is being made, but democrats are still arguing they've given ground in previous budget battles. that's one reason they are holding firm on higher taxes now. >> $1.6 trillion in cuts. "where are the cuts?" they are in bills that you, mr. speaker, have voted for. >> reporter: and there were new calls for more tax revenue today. warren buffett, vanguard foun
senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press...
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Dec 8, 2012
12/12
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the reason for the investigation is that the ceo reid hastings had posted some information on his facebook page about developments at the company and the fec said you didn't disclose this property, should have been a press release or filing with the sec and raises new questions about social media and fair disclosure. >> tom: this is all about how technology is changing and regulations have a hard time susie keeping up with it. we see it with high frequency trading for instance and how companies disseminate information using social media getting it out argue me to more people faster than what a traditional press release or sec filing. so we'll have to see how this one plays out. that stock did not move much today on the notice although we did have plenty other movement. let's get going with our market focus here. as we saw the influence of apple that it can have on the broad market really continue today. the jobs data helped the s&p 500 start in the green but the early gains disappeared as apple shares sank. the index was able to climb positive in the afternoon to finish up a 0.03%. trading
the reason for the investigation is that the ceo reid hastings had posted some information on his facebook page about developments at the company and the fec said you didn't disclose this property, should have been a press release or filing with the sec and raises new questions about social media and fair disclosure. >> tom: this is all about how technology is changing and regulations have a hard time susie keeping up with it. we see it with high frequency trading for instance and how...
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Dec 29, 2012
12/12
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he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get t
he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with...
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Dec 29, 2012
12/12
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he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get th
he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with...
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Jan 18, 2012
01/12
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. >> reporter: irvin reid is president emeritus of wayne state university and part of the state board appointed to review detroit's finances. he says business investment in the city and the live downtown project will be considered as the group assesses detroit's fiscal health. >> we're going to rebuild the city of detroit-- its finances, its financial foundation-- on the basis of how much activities are going on here, how much business is going on here, how much employment is going on here, what are the prospects of the future. >> reporter: since live downtown started last year, blue cross has helped roughly 100 employees buy or rent in detroit. 200 more applications are in the pipeline. the company admits the project isn't a cure-all for detroit, but it could project commitment to a community that desperately needs it. diane eastabrook, "nightly business report," detroit. >> tom: here's what we're watching for tomorrow: we'll get a check on inflation at the wholesale level with december's producer price index, and a fresh look at manufacturing with last month's industrial production.
. >> reporter: irvin reid is president emeritus of wayne state university and part of the state board appointed to review detroit's finances. he says business investment in the city and the live downtown project will be considered as the group assesses detroit's fiscal health. >> we're going to rebuild the city of detroit-- its finances, its financial foundation-- on the basis of how much activities are going on here, how much business is going on here, how much employment is going...
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Jan 21, 2012
01/12
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senate majority leader harry reid said he was optimistic a compromise could soon be reached. both the senate's "protect i.p. act" and the house's "stop online piracy act" are intended to crack down on illegal downloads of movies and music. >> here on wall street tom it was a pretty good day but still looking ahead to next week a lot of worries about what's going on in greece and europe and still it is early in evening season to know how it will play out. too soon to say the worst is behind us. >> tom: we've still got two peek weaks of-- weeks of corporate earningses. we have 1 week behind us and as we mentioned, we are at six month high force a koichl the major indices. let's get rolling with tonight's market focus. as we mentioned, six month highs tonight for the dow industrials and s&p 500, but only barely for the latter. the s&p 500 spent almost the entire session in the red, weighed down by last night's disappointing earnings from google. but the index poked its way to positive territory less than ten minutes before the closing bell. but thanks to strong earnings from a c
senate majority leader harry reid said he was optimistic a compromise could soon be reached. both the senate's "protect i.p. act" and the house's "stop online piracy act" are intended to crack down on illegal downloads of movies and music. >> here on wall street tom it was a pretty good day but still looking ahead to next week a lot of worries about what's going on in greece and europe and still it is early in evening season to know how it will play out. too soon to...
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Dec 18, 2012
12/12
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senate majority leader harry reid said today he expects the senate will be back to work the day after christmas. dren gersh, "n.b.r.," washington. >> tom: optimism that speaker boehner's latest offer could get the fiscal cliff talks moving again, helped stocks move nicely higher: the dow rose 100 points, the nasdaq added 39, the s&p up almost 17 points. but with time running out to reach a deal, what happens on wall street, if we go over the cliff? suzanne pratt reports. >> reporter: one thing is for sure, wall street can count. that means investors know there are just nine trading days left until tax hikes automatically take effect across the nation, and hit americans where it hurts: their wallets. and, investors are also aware there are even fewer days before lawmakers are scheduled to leave on holiday break. despite the ticking clock, many investors remain optimistic there will be a deal between congress and the white house before the ball drops in time square. veteran trader jonathan corpina agrees there will soon be a resolution, but he thinks the news will be a big ho-hum for st
senate majority leader harry reid said today he expects the senate will be back to work the day after christmas. dren gersh, "n.b.r.," washington. >> tom: optimism that speaker boehner's latest offer could get the fiscal cliff talks moving again, helped stocks move nicely higher: the dow rose 100 points, the nasdaq added 39, the s&p up almost 17 points. but with time running out to reach a deal, what happens on wall street, if we go over the cliff? suzanne pratt reports....
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Feb 26, 2012
02/12
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harry reid came out the day after with his media blitz, and what he did was he just began to pour tons of money our way. the press from -- the press, the pressure from the press was designed, also, to keep me off balance, to catch those things in sound bites. as you know, we're working in sound bites, out of context, and i was thefer allowed to really explain -- i was never allowed to really explain thoroughly what i was speaking about at the moment they caught that sound bite also we were never able to do the rapid response to that. so they got ahead of us in that first three weeks because we just didn't have the money to fight the fight that we needed to fight. and i would just be very, um, a word of caution to whoever comes out of this primary. have enough to be ready to go on television and rapidly respond to whatever attack comes to you from that arena because we know we're not just going against the op session, we're going against the press that is aligned with that candidate. >> host: how long did it take you to write "right angle"? >> guest: i started in 2009, it was actually f
harry reid came out the day after with his media blitz, and what he did was he just began to pour tons of money our way. the press from -- the press, the pressure from the press was designed, also, to keep me off balance, to catch those things in sound bites. as you know, we're working in sound bites, out of context, and i was thefer allowed to really explain -- i was never allowed to really explain thoroughly what i was speaking about at the moment they caught that sound bite also we were...
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Nov 27, 2012
11/12
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today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not pretty. we're not looking for good common sense and clean policy from washington. but it will be in place in a month, two months from now. >> when the fall happens, you're saying that's the opportunity. >> i think it's consumer discretionary. you just picked it up a moment ago with corning's commentary about flat panel. the housing market is what's so key about this. we got the very good news from kay-shiler today. housing starts are booming. they're going to continue to run up significantly in the next few years. this isn't just a few months. we'
today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not...
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Nov 8, 2012
11/12
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if the holdup is harry reid, a democrat, couldn't he just call senator harry reid and say, let's get a budget and do it now. we hear now that he is telling governor christie's going to answer the phone in 15 minutes, we can't get a budget in 3 years. >> have you a very good point. maybe it's like mr. medvedev, now that the election's over, maybe he will take a different attitude. i hope so. but your point is exactly right. it isn't just on this, i know the show's about the fiscal cliff, immigration reform, so many other thing, hasn't offered any legislation. >> caller: you know, when you stall thing, i mean the fact -- let's take the tax cuts, whether taxes go up or down -- frankly, tell you the truth, i really don't care. and probably my taxes would go up. but i do know one thing, while we near a period of indecision and everybody's known about this, nobody's doing any investing, nobody's making any decisions, you can't do any planning because the president and the houses and the senate have not -- fish or cut bait. nobody can make a decision that. stalls the economy so people can't
if the holdup is harry reid, a democrat, couldn't he just call senator harry reid and say, let's get a budget and do it now. we hear now that he is telling governor christie's going to answer the phone in 15 minutes, we can't get a budget in 3 years. >> have you a very good point. maybe it's like mr. medvedev, now that the election's over, maybe he will take a different attitude. i hope so. but your point is exactly right. it isn't just on this, i know the show's about the fiscal cliff,...
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Nov 8, 2012
11/12
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is it time for majority leader reid to go? joining us, byron york, and sam youngman and michael crowley. byron? >> i checked with senator sessions office and tonight is the 1,288th day since the sbt senate has passed a budget, they are supposed to do it every 365 days. what has happened was the senate pass -- senate democrats passed a budget to their liking with huge filibuster-proof majority in april of 2009. that's the last time they passed one one. they have used rules and procedures to extend the think about -- >> greta: it's a dodge. >> it's a dodge of the 1974 law. it is true, the president has submit aid budget, nobody wanted to vote for that. the house republicans have passed a budget. and it remains stuck. the person holding it back is harry reid. >> greta: so to the extent, sam, that the president talks about wanting to reach across the aisle and speaker boehner wants to reach across the aisle and others want to reach across the aisle, has senator harry reid shown any indication that he will pocket the bills? >> i do
is it time for majority leader reid to go? joining us, byron york, and sam youngman and michael crowley. byron? >> i checked with senator sessions office and tonight is the 1,288th day since the sbt senate has passed a budget, they are supposed to do it every 365 days. what has happened was the senate pass -- senate democrats passed a budget to their liking with huge filibuster-proof majority in april of 2009. that's the last time they passed one one. they have used rules and procedures...
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Jun 14, 2012
06/12
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i think that some -- harry reid particularly is trying to say he doesn't want to pick. he would like to pay for both of them. it's not clear to me that the republicans are going to follow through. >> thank you. >>> and a few live programming notes on c-span. more to come from a faith and freedom coalition conference here in washington, d.c. that is live on c-span they're in a short break now. the senate is taking a vote and they're taking a lunch break because senators rob portman and marco rubio are among the speakers. both have been listed as possible running mates of republican presidential candidate mitt romney. on c-span we are also planning live coverage of remarks from president obama. he'll be at a community college in cleveland speaking on the economy. contrasting his vision with that of republican challenger mitt romney. that's scheduled to get underway at about 1:45 p.m. eastern. and yesterday treasury secretary tim geithner spoke about the global economic challenges and previewed next week's g-20 summit in mexico where world leaders are gathering to discuss
i think that some -- harry reid particularly is trying to say he doesn't want to pick. he would like to pay for both of them. it's not clear to me that the republicans are going to follow through. >> thank you. >>> and a few live programming notes on c-span. more to come from a faith and freedom coalition conference here in washington, d.c. that is live on c-span they're in a short break now. the senate is taking a vote and they're taking a lunch break because senators rob...
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Sep 13, 2012
09/12
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reid: mr. president, i couldn't hear the number. what was it? the presiding officer: the yeas are 84 and the nays are 8. mr. reid: mr. president? the presiding officer: the majority leader. order in the chamber, please. mr. reid: on behalf of senator murray i call substitute amendment 2789 to the attention of the chair. the presiding officer: the clerk will report the bill. the clerk: calendar number 476, a bill to require the secretary of veterans' affairs various to establish a veterans job corps and for other purposes. the presiding officer: the clerk will report the amendment. the clerk: the senator from nevada, mr. reid for mrs. murray proposes amendment number 2489. mr. reid: i ask for the yeas and nays. the presiding officer: is there a sufficient second? is there a sufficient second? there appears to be. there is. the yeas and nays are ordered. mr. reid: i have now, mr. president, a first-degree perfecting amendment at the desk. the presiding officer: the clerk will report. the clerk: t
reid: mr. president, i couldn't hear the number. what was it? the presiding officer: the yeas are 84 and the nays are 8. mr. reid: mr. president? the presiding officer: the majority leader. order in the chamber, please. mr. reid: on behalf of senator murray i call substitute amendment 2789 to the attention of the chair. the presiding officer: the clerk will report the bill. the clerk: calendar number 476, a bill to require the secretary of veterans' affairs various to establish a veterans job...
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Mar 17, 2012
03/12
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contributors to the book, annette gordon reid and janelle buckley join the discussion. this is an hour and 20 minutes. >> good evening, ladies and gentlemen. it's my pleasure to welcome you here this evening for the official launching of a new publication from the shamburg center entitled "jubilee." this publication has been a while in the making, about three years ago the shamburg center organized and presented major exhibition entitled left we forget the triumph over slavery as part of its 75th anniversary celebration. this, to the best of our knowledge, was the first major exhibition on the subject of slavery and the united states. we did not do a catalog to the show. and the show was so very well received that we extended it for about nine months. and people continued to come back asking for additional opportunities to see the show. and usually built into their conversations, but that was a question, when are you going to do the book? we took that as not just a request but a challenge for ourselves. as many of you know, quite frankly no one, no other publisher that
contributors to the book, annette gordon reid and janelle buckley join the discussion. this is an hour and 20 minutes. >> good evening, ladies and gentlemen. it's my pleasure to welcome you here this evening for the official launching of a new publication from the shamburg center entitled "jubilee." this publication has been a while in the making, about three years ago the shamburg center organized and presented major exhibition entitled left we forget the triumph over slavery...
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Aug 3, 2012
08/12
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but senator reid is not backing down. why? >> again, because what they want to do is to force mitt romney to own up to these potential tax shelters, to reveal the information. and, so, remember, his dad set the precedent when he released 12 years of tax returns. so romney is trying to get away with a couple of years, because he doesn't want the scrutiny. so reid has jacked up the pressure by throwing this out there and it certainly has caught the attention of the romney campaign. >> ramesh, have we gotten to a point now where even if mitt romney were to say, you know what, i'm really, really angry, but the way to stop all of this is, here's my thousands of pages -- you know, can he not put out his tax returns without looking bad? >> all of the same critics immediately say, why not three, why not four? what's he siding. they will never be satisfied. and so i think that romney thinks this is just a political diversion. this is a strategy based on the eaid that we're going to get people scared about something in romney's tax retu
but senator reid is not backing down. why? >> again, because what they want to do is to force mitt romney to own up to these potential tax shelters, to reveal the information. and, so, remember, his dad set the precedent when he released 12 years of tax returns. so romney is trying to get away with a couple of years, because he doesn't want the scrutiny. so reid has jacked up the pressure by throwing this out there and it certainly has caught the attention of the romney campaign. >>...
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Jun 2, 2012
06/12
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we found out that senator harry reid will tout another round of green programs. are they working? >> they are not. they are costing $200,000 per job. compare that to the american venture capitolindustry. it is 1-10ths of the cost in the private sector and the government is not keeping pace to what is going on in the world. by the time it funds the company it is way behind the . by the time solyndra got funded the chinese price was far behind what solyndra could batch. and so, you know, there is a pave involved . and rick, indeed, the government and senator harry reid are doubling down on let's be realistic here. it is a fact of life. and if we do this rich's way. we would be raising the white flag and china is spending enormous amount of money subsidizing the solara we want to have our kids to work for the chinese or own the companies. if we end up as an also ran, this could not be a good thing for the united states. >> and it is not just cars and batteries by the way. the government claims to have got 750 workers . it is hurting the recover. it is a coast for kilowatt hour. oil a
we found out that senator harry reid will tout another round of green programs. are they working? >> they are not. they are costing $200,000 per job. compare that to the american venture capitolindustry. it is 1-10ths of the cost in the private sector and the government is not keeping pace to what is going on in the world. by the time it funds the company it is way behind the . by the time solyndra got funded the chinese price was far behind what solyndra could batch. and so, you know,...
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Nov 29, 2012
11/12
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>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan austin, you can see her entire interview on the blog funnybusiness.cnbc.com. back to you. >> thanks so much. we'll be watching that. jane wells. >>> two more companies announcing special dividends tonight. here's a quick market flash. >> that's right. national beverage confirming its board has decided to distribute a special dividend of $2.55 a share. the record date will be december 7th. also, regal entertainment announcing $1 per share for its class "a" and "b" common stock. these two companies among many others declaring special dividends ahead of the end of the year
>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan...
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Mar 9, 2012
03/12
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. >> senator reid? >> thank you very much, mr. chairman, and let me just add, i thought that the federal reserves, white paper on housing was thoughtful and nonprescriptive. i think also thinking back, such an analytical paper might have been extremely useful to us in 2005 or '6 or '7 to alert policymakers to develop into a houser market that proved to be catastrophic. there are short term programs that might, in the long-term produce more returns, enhanced value to the government and taxpayers. but if they're not pursued, if there's an upfront cost that ironically we could have a further deterioration in the profit, profitability, assets of these uses. can you elaborate on that, mr. chairman? >> certainly. i would like to mention to senator shelby, that the speeches given by president dudley and governor duke, they don't represent official fed positions. and the fed members often give their own individual views. one point that we make is that in a typical negotiation with a modification or some other arrangement like a short sale
. >> senator reid? >> thank you very much, mr. chairman, and let me just add, i thought that the federal reserves, white paper on housing was thoughtful and nonprescriptive. i think also thinking back, such an analytical paper might have been extremely useful to us in 2005 or '6 or '7 to alert policymakers to develop into a houser market that proved to be catastrophic. there are short term programs that might, in the long-term produce more returns, enhanced value to the government...
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Dec 30, 2012
12/12
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harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to interrupt you, we're going to keep tracking this story together. >>> coming up next, a man you're not seeing on tv, he's playing in the background. he may be the most feared man in washington and he doesn't even hold office. >> if i went and became a tibetan monk on the top of some mountain somewhere, the american people would still, they were against tax increases long before i was born. the whole tea party thing predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so
harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to...
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Dec 20, 2012
12/12
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harry reid rules. it is his way or the highway and he has said that speaker boehner wants to bring up tonight a separate vote on taxes where only nose a million and oversee their rights go higher is going nowhere in the senate. you could be running into a brick wall. >> one of the things i played football early and i got used to run into tackle dummies on the peeled and i look forward to an opportunity to do so in the senate and work hard to make myself available to both sides of the aisle to understand the issues and the challenges and see if we can find common ground on spending reform. what i realize if you hit the ball often enough you wake up and realize that you will take a different direction and this is an opportunity as a country to come together and look at the spending direction of the nation and change it. >> you are a us congressman before you become next year a united states senator so how will you vote tonight? >>guest: you will have to tune in like, on the neil cavuto show and watch it.
harry reid rules. it is his way or the highway and he has said that speaker boehner wants to bring up tonight a separate vote on taxes where only nose a million and oversee their rights go higher is going nowhere in the senate. you could be running into a brick wall. >> one of the things i played football early and i got used to run into tackle dummies on the peeled and i look forward to an opportunity to do so in the senate and work hard to make myself available to both sides of the...
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Oct 19, 2012
10/12
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harry reid comments not sitting well with my guest. mark is the owner of dealership employs 20 used car salesman. >>guest: it was insulting to the middle-class people who are honest, hard working, people with integrity who have families to feed and take care of. if you look at at the interestig result sale, used car sales people are here, congress, harry reid, we are here. and he being a part of congress, he ininsulted his -- he insulted his colleagues. >>neil: it was demeaning. >>guest: we are hard working honest, ethicalling middle class, talking about saying one tinge and doing another, saying what you have to, and he and the president say they want to help the middle class but they take cheap spots at the middle class and harry reid will say and do anything he has to, to get a vote for president obama. >>neil: but they are the ticket that so far, when it comes to who represents the interests of the middle class it is always the president and the vice president. now, the gap has narrowed the last month, but even though governor romn
harry reid comments not sitting well with my guest. mark is the owner of dealership employs 20 used car salesman. >>guest: it was insulting to the middle-class people who are honest, hard working, people with integrity who have families to feed and take care of. if you look at at the interestig result sale, used car sales people are here, congress, harry reid, we are here. and he being a part of congress, he ininsulted his -- he insulted his colleagues. >>neil: it was demeaning....
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Dec 11, 2012
12/12
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CNBC
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you heard what reid just said. it seems actually that it's not happening, and yet we've got this real under way for stocks. >> well, i think there's a lot to be said for our one trader who said smarter heads will prevail, and i think a lot of investors are taking that route. as much as i love my rise above pin, i am not officially in the camp that we're going to get a solution. i think harry reid's comments sum it up. that is, there is no way that the democrats really want to talk about spending, and i know that the republicans have been light on detail as well, but if the issues facing this country are tackling the biggest part of what we spend in the form of entitlements, we are kidding ourselves that anything is going to be done in a timely faction. they are going to want to do the tax part and kick the rest, and i'll tell you what. i think a lot of conservatives will go along with the potential tax increase, but they are not going to take a promise on the rest of it, so i think it's going to get ugly. >> you kn
you heard what reid just said. it seems actually that it's not happening, and yet we've got this real under way for stocks. >> well, i think there's a lot to be said for our one trader who said smarter heads will prevail, and i think a lot of investors are taking that route. as much as i love my rise above pin, i am not officially in the camp that we're going to get a solution. i think harry reid's comments sum it up. that is, there is no way that the democrats really want to talk about...